All About DSB Bank and SWIFT Codes

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From below of bright blue signboard saying personal banking on modern building of town
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DSB Bank was a Dutch bank that operated from 1987 to 2008, when it was acquired by Fortis Bank.

The bank's SWIFT code, DSBKNL2A, was used for international transactions.

DSB Bank was known for its innovative approach to banking, which included the use of SWIFT codes for secure and efficient cross-border transactions.

The bank's SWIFT code was recognized globally, allowing customers to make transactions with banks in other countries.

History of DSB Bank

DSB Bank has a rich history that spans over 150 years. It was founded by Simon Abendanon on January 19, 1865, in Paramaribo, and initially operated from the home of one of the founders.

The bank's early years were marked by a period of monetary chaos following the abolition of slavery in 1863. Abendanon saw an opportunity to create a bank that would issue banknotes and finance trade.

In 1948, Nederlandsche Handel-Maatschappij acquired DSB, and three years later, it transferred the bank's headquarters to Paramaribo.

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DSB formally gave up its right to issue notes to the Central Bank of Suriname in 1957.

Here's a brief timeline of the bank's major milestones:

  • 1865: DSB Bank founded by Simon Abendanon
  • 1948: Nederlandsche Handel-Maatschappij acquires DSB
  • 1957: DSB gives up its right to issue notes
  • 2001: ABN AMRO sells its 49% holding in DSB to Assuria N.V.

The bank's history is a testament to its resilience and adaptability, having weathered several changes in ownership and regulatory environments.

Understanding SWIFT Codes

You'll need a SWIFT code to initiate an international transfer to a Dsb Bank N.v. bank account. This code is crucial for routing the funds to the correct bank and branch, ensuring a secure and efficient transfer process.

You can find your Dsb Bank N.v. SWIFT code on your bank statement, by logging into your online banking account, or by contacting Dsb Bank N.v. directly.

Traditional banks often process international transfers slowly and at a higher cost, making it a good idea to explore alternative solutions like the Qonto business account for international transactions.

The SWIFT code is often listed on the official Dsb Bank N.v. website under banking information or help sections, making it easily accessible.

Finding and Using SWIFT Codes

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You'll need a SWIFT code to initiate an international transfer to a Dsb Bank N.v. bank account in Netherlands.

The SWIFT code is crucial for routing the funds to the correct bank and branch, ensuring a secure and efficient transfer process.

To use a Dsb Bank N.v. SWIFT code, you'll need it along with other essential details when sending funds internationally.

Traditional banks often process international transfers slowly and at a higher cost, but alternatives like Qonto business account can provide a swift, cost-effective, and secure solution.

If you're the recipient of funds in a Dsb Bank N.v. bank account, you'll also need the SWIFT code to receive the international transfer.

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Infosys and DSB Bank

DSB Bank has chosen Infosys's Finacle universal banking system to support its retail banking transformation initiative. This move is expected to help the bank replace its current legacy core banking platforms.

DSB is expected to replace its current legacy core banking platforms with Finacle's core banking and integrated CRM application. This will also include the Finacle treasury system and the setting up of an online savings bank.

Building of Bank of America
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Hans Goor, COO and member board of executives at DSB Bank, mentioned that transforming the technology platform is a strategic initiative to address DSB's new business requirements. He aims to enhance customer experience and be nimble to respond to market changes.

DSB Bank is expected to use Finacle to create a differentiated customer experience through innovative product offerings and integration across channels.

De Surinamse N.V

De Surinamse N.V, also known as DSB Bank, is a bank based in Suriname.

Their BIN/IIN number is 474543, which is linked to their VISA card brand.

DSB Bank issues debit cards, which can be used for various transactions.

Their cards are widely accepted in Suriname, making it a convenient option for locals and tourists alike.

Here's a summary of DSB Bank's card details:

DSB Bank's presence in Suriname is a testament to the country's growing economy and financial sector.

Carole Veum

Junior Writer

Carole Veum is a seasoned writer with a keen eye for detail and a passion for financial journalism. Her work has appeared in several notable publications, covering a range of topics including banking and mergers and acquisitions. Veum's articles on the Banks of Kenya provide a comprehensive understanding of the local financial landscape, while her pieces on 2013 Mergers and Acquisitions offer insightful analysis of significant corporate transactions.

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